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Home > New York Sun: Outright money?

New York Sun: Outright money?

Submitted by cpowell on Tue, 2015-01-20 11:15 Section: Daily Dispatches

From the New York Sun
Tuesday, January 20, 2015

Here's a thought experiment in respect of Europe. Its central bank is getting ready to try to stimulate its economy by launching a program called "outright monetary transactions." That's European palaver for quantitative easing. We prefer the phrase "outright socialism," but, hey, they've got more euphemisms than a eulogist in an echo chamber. So our thought experiment is this: Instead of borrowing all this money from themselves by having their central bank buys bonds directly from its member governments, why don't the Europeans spend their gold? ...

... For the remainder of the commentary:

http://www.nysun.com/editorials/outright-money/89012/ [1]



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Source URL: http://www.gata.org/node/14991

Links
[1] http://www.nysun.com/editorials/outright-money/89012/
[2] http://info.goldcore.com/essential-guide-to-storing-gold-in-switzerland
[3] mailto:info@goldcore.com
[4] http://www.mininginvestmentasia.com/
[5] http://www.minesandmoney.com/hongkong/
[6] https://jeffersoncompanies.com/landing/2014-av-powell
[7] http://www.goldrush21.com/order.html
[8] http://gata.org/tshirts
[9] http://gata.org/node/wallstreetjournal
[10] http://www.gata.org
[11] http://www.gata.org/node/16